Tuesday, September 2, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldBE and PCP...

BE and PCP criticize new IRS Jovem for only benefiting top earners

BE and PCP criticized this Thursday the new IRS regime aimed at young people presented by the government, arguing that it only benefits people with the highest incomes.

Speaking to reporters at the Assembly of the Republic, BE coordinator Mariana Mortagua said that most young people will not benefit from this measure because they do not have enough income to pay the 15% to the IRS.

“We oppose this measure because it is unfair, because it does not apply to the 75% of young people who earn a thousand euros (…) it applies to those who earn a lot and does not take into account the vast majority of people they earn a real salary in Portugal, which is 1000, 1500 euros,” he said.

The Bloc leader also criticized the measure’s age limit, highlighting the “enormous difficulties” faced by the “generation that starts at 35,” which has faced the “troika crisis,” the pandemic, inflation and housing, and “has never been able to cope with this measure.” have stability in life.”

“We are witnessing a moment where the difference between 34 and 35 years, or 35 or 36 years, has become a huge difference in access to tax benefits,” criticized Bloc leader de Esquerda.

PCP parliamentary leader Paula Santos believes that the measures announced by the government “go beyond the central problems faced by young people” and do not represent “necessary solutions” to their problems.

“We are faced with a set of statements that in practice will not respond to the specific problems facing young people in our country, and will not prevent young people from seeking better living conditions in other countries,” he criticized.

The MP believes that the government’s measures do not guarantee stability in the lives of young people and do not combat unstable relationships, nor do they take any measures “to value public schools, their free nature, the investment required to make.”

Paula Santos argued that the IRS Jovem measure would only benefit “young people with very high incomes” since 75% receive salaries of up to a thousand euros, and housing policies would “push young people into debt with banks.”

“There are no concrete measures either to limit the cost of rent or to intervene in the issue of increasing interest rates,” he criticized.

The Social Democratic Youth (JSD) in a statement congratulated the government for approving measures that implement “some of the flags and proposals presented by the JSD in recent years” in areas such as student accommodation, scholarships for workers and students, housing and IRS Yovem.

Speaking to Lusa, PSD youth leader Alexandre Posu stressed that this is “a very happy day for young Portuguese” due to the “approval of measures and proposals that have been serious difficulties for the JSD in recent years and which change the situation in the country.” life of youth.”

The Council of Ministers today approved the new IRS Jovem regime, which includes paying a one-third tax rate up to a maximum of 15% on all earned income of people under 35 years of age.

Author: Lusa
Source: CM Jornal

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...